Daily Market Analysis

If the market gets confirmation that Canadian economy is doing better than the US one, which had a very bad Q2, USD/CAD will suffer.

The risk of a second wave of coronavirus is more likely to put pressure on rates. Risky assets are supported by fiscal and monetary stimulus.

In the United States, the economy was contracted by (worst-ever) 32.9% in the second quarter in 2020, crushed by COVID-19 lockdowns in 2nd quarter.

Where are we going with gold? Let's make a step back - or, rather, travel back in time to throw a strategic look at the gold price.

Gold is waiting to see what the US Fed says. And then... see the article to know, what's then.

EUR/JPY rebounded from the 123.00 level on the H4. The pair formed a “piercing line” pattern.

The British pound is climbing up for the 7th day in a row. Will it keep rallying?

Is the USD going to lose its badge of a primary safe-haven currency? In the coming months, very possibly.

The rally in the stock market seems to stall. What is it again?

The pair sharply dropped to the one-month low. Will it keep falling further?

The pair fell down on the weak US dollar and the positive Canadian data. What is the forecast?

The pair slightly contracted after reaching the highest level since 2018. What’s next?